User Account

All Pages

Expression for the tax revenue

Assignment Help Business Management
Reference no: EM131287481

On a particular product, government economists determine that the relationship between tax rate t and the quantity consumed q of the product is given by

t=18-3q2.

  1. Write an expression for the tax revenue in terms of t (t is expressed in percent).
  2. Treating t as your choice variable, maximize this tax revenue function to find the optimal tax rate for the government. (Be sure to check your second-order condition.)

Reference no: EM131287481

Questions Cloud

Where is this information located in the report : Find out how many individuals participated in the study and describe their characteristics (age, gender, and so on). Where is this information located in the report?
List the resources that you feel could be beneficial : Your assignment this week is to develop a plan that you will use to help you stay on track throughout the week. You will list the resources that you feel could be beneficial in your growth as a graduate student.
Compare mobile oss including ios and android. : Compare mobile OSs including iOS and Android.Describe and evaluate magnetic disk systems, include disk arrays.
United states economy : What impact did President Eisenhower's cut on military spending have on the United States economy during the 1950's?
Expression for the tax revenue : Write an expression for the tax revenue in terms of t (t is expressed in percent). Treating t as your choice variable, maximize this tax revenue function to find the optimal tax rate for the government. (Be sure to check your second-order condition..
Discuss about the climate change : write at least two paragraphs about what you think these reasons are.Discuss about the Climate Change.
Have we chosen the right employee : "Have We Chosen the Right Employee?" Please respond to the Once an organization has recruited candidates and they are going through the application process.
Find the sixth term and the sum of the 15 terms : Given the geometric progression 625, 125, 25,... find the sixth term and the sum of the 15 terms.
Assuming the exchange rate does not change : 1) If the interest rate in Renminbi is 15% and the investor has assets denominated in dollars and Renminbi in his portfolio. What is the expected depreciation/appreciation of the Chinese currency? 2) Price a tree (in dollars) that delivers 60 Renmi..

Reviews

Write a Review

Business Management Questions & Answers

  Flocked to volkswagen dealerships

Upon merging with the West German economy, East German consumers indicated a preference for Mercedes-Benz automobiles over Volkswagens. However, when they converted their savings into deutsche marks, they flocked to Volkswagen dealerships.

  Managing a strategic alliance

What are 3 basic ways of managing a strategic alliance?

  Issues related to the change processhave you witnessed

issues related to the change process.have you witnessed individuals on the job who resisted change? describe the

  Enhancing self esteem in the workplace

how might you deal with an employee who displays a poor self-esteem? Must be at least 200 words Explain.

  Application of the principles of law

You must describe how application of the principles of law to the key facts supports your determination of the issues. You need to show the reasoning behind your decision.

  Organizational communication - barriers to informed decision

Examine how informed decisions are made at the workplace and describe the barriers faced when making such informed decisions.

  Strong and weak sustainability

The environmental sustainability criterion differs in important ways from both strong and weak sustainability. Environmental sustainability frequently means maintaining a constant physical flow of individual resources

  Identifying people having characteristics of great leaders

What are some characteristics of great leaders? Identify two people who you feel possess these characteristics.

  Biggest difference to which you had to adjust

Discuss any experience you have had with living in another culture or befriending someone from another culture. What was the biggest difference to which you had to adjust?

  What could they have done differently

Research two examples of companies that have chosen this strategy and have not been successful. What was their downfall? What could they have done differently?

  How do we heal medicine

View Atul Gawande's TED Talk, How Do We Heal Medicine? Which of the models, cowboys or pit crews, would you advocate for as a healthcare manager? Provide some positives and negatives of each model.

  Would you expect such charges to have more impact on company

Would you expect such charges to have more or less of an impact on a company like the Body Shop that touted its business ethics than if the same charges were leveled against a competitor who made fewer claims?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd